Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 ## Stoke Gabriel Boating Association Charitable Incorporated Organisation The Charity Registration Number 1154479 ## Report and Accounts ## 31 December 2020 Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 |**Contents**|**Page**| |---|---| |Contents Page|2| |Trustees’ Annual Report|3| |Independent Examiner’s Report|11| |Funds Statements|| |Statement of Financial Activities|12| |Balance Sheet|13| |Notes to the Accounts|14 et seq| Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 The Trustees present their Report and Accounts for the year ended 31 December 2020. ## **Reference and administrative details** The charity name. The legal name of the charity is ## **Stoke Gabriel Boating Association Charitable Incorporated Organisation** The charity is also known by its operating name, **SGBA** The charity's area of operation and charitable registration. The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1154479. Legal structure of the charity The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW). The Governing Document is dated 4 November 2013. The Trustees are all individuals. The principal operating address, telephone number, email and web addresses of the charity are: Stoke Gabriel Boating Association SGBA Clubhouse Mill Point Stoke Gabriel Totnes TQ9 6FX Telephone 01803 782744 Email Address admin@sgba.org.uk Web address www.sgba.org.uk The Trustees in office on the date the report was approved were: |John BradburyCBE(Chair)|Roger Stobbart|| |---|---|---| |Neil Millward|Julian WilliamsCBE|| |David Hazelton|Peter Waite|Chris Moore| |Brian Deacon|Lisa Brown|| |Peter Walsh|Charles Gillmore|| At the Annual General Meeting 2021 David Hazelton and Peter Waite retire as Trustees but are eligible for reappointment. Lisa Brown has resigned as a Trustee effective from the AGM. All the Trustees are also members of the charity. Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 ## **Objects and Activities of the Charity** The purpose of the Charity is as set out in its governing document, and all its activities are directed to this purpose: ## **The object of the SGBA is the promotion of community participation in healthy recreation, in particular by the provision of facilities for participation in the sports of sailing, kayaking, canoeing and rowing.** ## **The main activities undertaken in relation to those purposes during the year.** The priority of the SGBA during 2020 was centred on safe delivery of its activities particularly with the added challenge of Covid safety provisions. The intended expansion of the operations of its RYA Recognised Training Centre (RTC) was severely curtailed due to Covid restrictions. After a period of closure during the initial national lockdown period, the SGBA Covid Team succeeded in developing a programme of safety measures and activity to allow members back onto the water. Once lockdown was eased, existing and many new members used the club boats and facilities to enjoy accessing the water, consistent with the object of the Association. Despite the limiting factors on training this year, the SGBA were able to further their strategy of developing instructors from within the membership. One committee member, Will Howitt, has qualified as a Senior Instructor subject to completion of a Safety Boat course in March. He will then be qualified to act as our Chief Instructor. Five members, supported by the SGBA, have gained Dinghy Instructor (DI) qualifications. Greater availability of SGBA instructors has enabled more informal one-to-one and family training to take place, consistent with Covid guidance. The following RYA certificates were awarded in 2020 (2019, 2018 and 2017 in brackets): ||2020|2019|2018|2017| |---|---|---|---|---| |Awarded in Junior Sailing Courses:|12|(40)|(42)|(34)| |Awarded in Adult Sailing Courses:|0|(6)|(17)|( 7)| |Level 2 Power Boat certificates:|17|(35)|(15)|(15)| |First Aid certificates:|0|(16)|(17)|(Nil)| |Instructor Qualifications Gained|6|(3*)|(Nil)|(Nil)| |Total
|34
|(100)|(91)|(56)| * = not awarded at SGBA Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 Throughout the year the SGBA has also successfully managed the use and maintenance of its fleet that now numbers over 50 sailing dinghies, kayaks, canoes, stand up paddleboards, motorboats and rowing boats, all to the benefit of the charity’s members. While the fleet has not grown through 2020, a comprehensive ‘Fleet Strategy’ has been developed and approved: it will lead to the acquisition of new craft early in 2021. ## **The main activities undertaken during the year to further the Charity’s purpose for the public benefit** The Trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. Activities organised by the SGBA in 2020 included: - learn-to-sail and powerboat courses for adults and juniors have been undertaken at reduced levels, but first aid training has not been possible due to Covid restrictions. - regular monitored (for Covid compliance) ‘get afloat’ opportunities at weekends and some summer evenings. - SGBA continues to be part of the RYA On Board scheme to encourage diverse groups and individuals, not currently SGBA members, to experience sailing and boating activities - Club boats were booked via the new online booking system 1,284 times. This reflects only post initial lockdown figures. This shows an apparent reduction on the 2019 total of 2,072 instances. Unsurprising with the periods closed due to Covid. - members signed in visitors and guests to use SGBA boats on more than 38 occasions. - hundreds of instances of members enjoying sport afloat in their own yachts, dinghies, kayaks, canoes or stand-up paddleboards, taking advantage of the SGBA’s excellent storage, changing, and workshop facilities so far as Covid restricted have allowed. - a further series of sailing taster sessions carried out for all of two Stoke Gabriel Primary School year groups so all pupils will experience sailing in both year 5 and 6. ## **The main achievements and performance of the Charity during the year** Achievements and performance included: - Overcoming the obstacles to club activity that the Covid restrictions presented. - increasing membership numbers by a third, now reaching almost 850. - young members have successfully completed training to be Dinghy Instructors - Junior Dinghy Sailing and Powerboat Level 2 courses were undertaken within the Covid criteria - Completion of the first of a planned series of boat-building exercises, this one using teenage members, under expert guidance, to assemble a 15 foot LOA Chester Yawl which has been named ‘Red Admiral’. - Securing agreement to receive S 106 funding for a project with an aim of benefitting the SGBA and the local community by improving access to the River Dart at Mill Point. Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 - Continuing implementation of the SGBA Development Plan, to review the full breadth of the Charity’s activities and operating procedures in line with RYA guidance and including the implementation of new technology to enhance the management of web site and membership communications. - Successful management of the Charity’s finances despite the threat of reduced income due to Covid restrictions. ## **Fundraising activities during the year** The Charity relies principally on the subscriptions and fees contributed by its members and those undertaking training courses at the SGBA. Donations are accepted and valued, of course, and Grant Aid is claimed when appropriate. Talks and social events were arranged for the benefit of members, the community and potential members. These events are made generally accessible to the widest audience, with charges made merely cover costs and make the most modest contribution to SGBA funds. ## **Resources used in the activities undertaken during the year** Some £27,970 was expended in 2020 on direct spending and support costs. Aside from that covered by associated revenue (e.g. instructors’ remuneration, covered by fees charged to those on courses), £13,885 was accounted for on overheads and depreciation, £3,733 spent on maintenance of the club’s boats, and £3,667 spent on upkeep of premises. All this was well covered by the total income of £44,848. The Charity was grateful to receive a grant of £10,000 from the Government’s Covid Business Grant Fund, which is included in this figure and was used to offset reduction of membership fees, introduced to incentivise continuity of membership during the pandemic. ## **The contribution of volunteers during the year** The Charity has no paid staff other than sailing instructors engaged for very short periods on a per diem basis. Otherwise, the delivery of the Charity’s objects and activities relies almost entirely on volunteers found from the membership. Significant and frequent contributions were made by the individuals who acted as Trustees and/or as members of the Executive Committee. ## **The degree to which the achievements and performance during the year have** ## **benefited wider society** - The Winter Talks and social events encouraged and benefitted community participation in SGBA activities. - Activity with the Primary School benefitted and excited a number of children. - SGBA officers serve on the Dart Estuary Forum and River Dart Communities Group Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 - An SGBA Trustee again organised a collection of rubbish and litter from the banks of the Dart along the whole river frontage of the parish of Stoke Gabriel, and all the roads, footpaths and public spaces in the parish, involving numerous volunteers. - The S106 funding offered will be used for the broader benefit of local residents and river users. ## **The difference the Charity’s performance during the year has made to the beneficiaries of the Charity** As the data quoted above shows, 2020 saw a substantial increase in membership and strong participation by, and achievements of, members and beneficiaries particularly when taking account of periods of Covid closure. The Trustees expect this trend will continue given the accumulated eagerness to return to full activity once Covid restrictions are lifted. The SGBA delivered on its plans to grow its instructor base in 2020, so is set to offer more training and more diverse activities for members as and when again possible. In summary, the Charity is in good shape and is achieving its charitable purposes. ## **Structure, Governance and Management of the Charity** The Charity’s Constitution requires a minimum of five Trustees and permits a maximum of 12; currently there are eleven, named above. Trustees are found from volunteers amongst the membership, and voted in at each AGM; one third of the Trustees retire by rotation at each AGM, in accordance with the SGBA’s Constitution. The Trustee Board concerns itself principally with Governance and Compliance matters, formally delegating management of the Association’s routine business to an Executive Committee comprising, at maximum, nine officers and 10 other members. The Commodore of the Association chairs the Executive Committee and is also a Trustee (but may not serve as Chair of Trustees). A Trustee other than the Commodore is elected to serve as Chair of Trustees. Bankers: CAF Bank, Charities Aid Foundation, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ Solicitors: Windeatts 19 High Street, Totnes, Devon TQ9 5NW ## **Financial Review** The financial position of the Charity at 31 December 2020 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as shown overleaf: Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 8 |Net Income in the year:
Funds at year end:
Unrestricted Revenue Funds available for the general
purposes of the Charity
Designated funds (Safety Boat Replacement Fund)
Restricted Capital Funds
Total Funds|2020
£
16,878
66,637
12,000
265,695
344,332|_2019_
_£_
_17,239_
_49,759_
_12,000_
_265,695_| |---|---|---| |||_327,454_| ## **Financial review of the position at the reporting date 31 December 2020** The Trustees consider the financial performance by the Charity during the year to have been very satisfactory. They note that during 2020 the Net Assets of the Charity increased from the £327,454 at 31 Dec 2019 to £344,332 at 31 Dec 2020. The Trustees again express their appreciation to the two persons who in 2014 made loans, each of £5,000, to help finance the New Clubhouse Project, and who in 2019 generously extended the period of their loans to dates in July 2022. ## **Policies on reserves** The Trustees understand the importance of maintaining sufficient working capital for the efficient operation of the Association and the maintenance and replacement of existing assets, as required. ## **Availability and adequacy of assets of each of the funds** The Board of Trustees is satisfied that the Charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. ## **Risks and uncertainties facing the Charity** Risks as to the Charity’s assets: now owning a building of significant value, the Charity has sought to mitigate the concomitant risks by maintaining adequate insurance cover. Furthermore, safety and security inspections are carried out at monthly intervals. Risks as to the Charity’s activities: the trustees acknowledge the risks concerning safety inherent in the afloat activities of its members, in the general safeguarding of its young members and seeks to mitigate all of these by adherence to guidance issued by the Royal Yachting Association and other appropriate bodies. The particular constraints imposed by Covid have been addressed with great care with compliant and satisfactory solutions put in place. Stoke Gabriel Boating Association CIO Trustees' Annual Report for the year ended 31 December 2020 Risks as to the Charity’s reputation: continuing our strategy to make SGBA membership and activities accessible to the local community and, in doing so, participate as fully as possible in community activities, should protect and enhance the SGBA’s reputation. Building on our already good links with nearby clubs, our continuing contributions to the efforts of the Dart Estuary Forum and the Dart Harbour Communities Group, serve to maintain our positive contribution locally. ## **Factors likely to affect future financial performance** The Trustees intend that the current assets of the Charity should continue to accumulate, in order that the club’s boats can be replaced in a timely manner and activities in training members in sailing, canoeing and kayaking can continue to flourish. ## **Statement of Trustees’ Responsibilities** The Charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016). In particular, Charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of the surplus or deficit of the Charity. In preparing those financial statements the Trustees are required to: - prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). - select suitable accounting policies and apply them consistently - make judgements and estimates that are reasonable and prudent - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business - state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the Stc*6 Gabriel Boatlng AS$c￿lat￿ CIO Truste68' Annual Report for the year ended 311)ecember 2020 io surplus or deficit of the Charity for the year. The Twstees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any tirne the financial position of the Charity and which are sufficient to show ar￿ explain the Charity's transactions and enable them to ensure that the financial statements compty with regulations made under the Charibes Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees, report. The statutory responsibilty of the Indepèndent Examiner in relation to the Trustees. report ts limited to examining the report and ensuring that. on Ihe face of the report, there are no material inconsistencies with the figures disck>sed in the financial statements. This report was approved by the Board of Trustees on 19 February 2021. Jo radbury Chair of Trustees CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Roport to tho trusteesl membors of On accounts for the year ondod 7 1 DL-C&th PCE 2 02 Charity no (If any} Set out on pag08 I report to the trustees on my examination ofthe accounts oflhe above charty {'the Twst") for Ihe year ended z i/ i t/zoZV Responslbllltles and As the charity trustees of the Trust, you are r85ponsible for the preparation basls of r•port of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Chaflty Commission under section 145(5llbl of the Act. I have completed my examination. I confirm that no material matters have come lo my attention { ') in connection with the examination which gives me cause to believe that in, any material respect. accounting records were not kept in accordance with se¢tion 130 of the Act or the accounts do nol accord with the accounting records Independent examiner'8 8tatsm•nt I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete th8 words in the br8Gkels if they do not apply. Slgned: , I,//k Date: S Zozi Name: Relevant professlonal quallfication{sl or body (If any): Address: rvurttL or IER 12 ||Stoke Gabriel BoatingAssociation CIO
1154479|Stoke Gabriel BoatingAssociation CIO
1154479|Stoke Gabriel BoatingAssociation CIO
1154479|Stoke Gabriel BoatingAssociation CIO
1154479|Stoke Gabriel BoatingAssociation CIO
1154479|| |---|---|---|---|---|---|---| ||accounts for the period|||||| ||01/01/2020
To
31/12/2020|||||| |||||||| |**Section A**
**Statement of financial activities**||||||| |**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||755|-|-|755|1,490| |||33,253|-|-|33,253|42,312| |||-|-|-|-|-| ||||-||-|16| |||10,000|-|-|10,000|-| |||840|-|-|840|-| |||44,848|-|-|44,848|43,818| |||||||| |||-|-|-|-|-| |||27,970|-|-|27,970|26,579| |||-|-|-|-|-| |||-|-|-|-|-| |||27,970|-|-|27,970|26,579| |||||||| |||16,878|-|-|16,878|17,239| |||-|-|-|-|-| |||16,878|-|-|16,878|17,239| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||16,878|-|-|16,878|17,239| |||||||| |||61,759|265,695|-|327,454|310,215| |||78,637|265,695|-|344,332|327,454| |||||||| 13 Section B Balance sheet Unrootrl¢to In¢om Endowmwb Totsl th18 Total last d fund8 fund8 t fund• yofir Fixed assets Intangibl• assot8 Tangbble assets Herttage a880ts Invotmènts F01 F02 F03 F04 F05 (Note 15) (Note 14 (Nots 16) (N¢)te 17) Total fixed assats 265 695 305 318 309 767 309 767 Current assets (Nots 18) Dobtors (Nots 19) Investments (Noto 17.4) Cash at bank and in hand (Nots 24> Total cuffentassets 810 B07 18 48,01 Creditors: amounts falllng due wlthln one year (Note 20) 811 Net current ass￿￿(/1abIIrtIes) 812 Total assets less current Ilabllltles 813 Crodltors: amounts lalllng du• aftor one year (Note 20) Provlslon• for Ilablllll B14 B15 rotal net assats or Ilabllftles Funds of the Charity EndoY4mènt funds (Nots 271 Rostrlctsd Income funds (Note 27 Unrostrl¢tod funds Revaluatlon res•rve B18 78.837 265,695 327 454 B17 B18 265 695 265,695 78,637 265 695 B19 B20 Total funds B21 327.454 Signed by ono or ts¥o trustffis on b8haM of 811 Ihg Irustegs Date of approval Signalwe Print Name flol 14 ## **Section C** ## **Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. ## The accounts have been prepared in accordance with: |•|and|with*|ü||the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
issued on 16 July 2014| |---|---|---|---|---|---| |•|and|with*|ü||the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)| |•|and|with the Charities Act||2011.|| The charity constitutes a public benefit entity as defined by FRS 102.* ü * -Tick as appropriate **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ |Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees
prepared the accounts and the reason why the charity is not regarded as a going concern.
Disclosure of any uncertainties that make the going concern assumption doubtful;
An explanation as to those factors that support the conclusion that the charity is a going concern;|**_Not applicable_**| |---|---| ||**_Not applicable_**| ||**_Not applicable_**| ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in note { 2 }. |Yes*
No*|ü|* -Tick as appropriate|* -Tick as appropriate| |---|---|---|---| ||||| |**_Please disclose:_**|||| |**_(i) the nature of t_**|**_he change in accounting policy;_**||Not applicable| |**_(ii) the reasons w_**|**_hy applying the new accounting policy provides more reliable and more relevant information; and_**||Not applicable| |**_(iii) the amount o_**
**_the adjustment r_**|**_f the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of_**
**_elating to periods before those presented, 3.44 FRS 102 SORP._**||Not applicable| |**1.4 Changes to**
No changes to ac|**accounting estimates**
countingestimates have occurred in the reporting period (3.46 FRS 102 SORP).|**accounting estimates**
countingestimates have occurred in the reporting period (3.46 FRS 102 SORP).|**accounting estimates**
countingestimates have occurred in the reporting period (3.46 FRS 102 SORP).| |---|---|---|---| |Yes*
No*||* -Tick as appropriate|| ||ü||| |**_Please disclose:_**|||| |**_(i) the nature of_**|**_any chang_**|**_es;_**|Not applicable| |**_(ii) the effect of t_**|**_he chang_**|**_e on income and expense or assets and liabilities for the current period; and_**|Not applicable| |**_(iii) where practi_**|**_cable, the_**|**_effect of the change in one or more future periods._**|Not applicable| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). |Yes*
No*
**_Please disclose:_**||* -Tick as appropriate|* -Tick as appropriate| |---|---|---|---| ||ü||| ||||| |**_(i) the nature of t_**|**_he prior p_**|**_eriod error;_**|Not applicable| |**_(ii) for each prior_**|**_period pr_**|**_esented in the accounts, the amount of the correction for each account line item affected; and_**|Not applicable| |**_(iii) the amount o_**|**_f the corr_**|**_ection at the beginning of the earliest prior period presented in the accounts._**|Not applicable| 15 ## **Section C Notes to the accounts Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ ## **(cont)** |**Recognition of income**
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
These are included in the Statement of Financial Activities (SoFA) when:
•
the charity becomes entitled to the resources;
·
it is more likely than not that the trustees will receive the resources; and
•
the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||||ü| ||Yes
No
N/a||| ||ü||| 16 |**2.4 ASSETS**
£500
**Intangible fixed assets**
**Heritage assets**
These are capitalised if they can be used for more than one year, and cost at least
**Redundancy cost**
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**2.3 EXPENDITURE AND LIABILITIES**
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
This includes any realised or unrealised gains or losses on the sale of investments and any
gain or loss resulting from revaluing investments to market value at the end of the year.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
They are valued at cost.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
They are valued at cost.
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can
be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per paragraph
10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102 SORP.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate of the amount required to settle the obligation at the reporting date
**Basic financial instruments**
The charity made no redundancy payments during the reporting period.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are valued
at initially at cost and subsequently at fair value (their market value) at the year end. The
same treatment is applied to unlisted investments unless fair value cannot be measured
reliably in which case it is measured at cost less impairment.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained
principally for their contribution to knowledge and culture. The depreciation rates and
methods used as disclosed in note 9.6.1.4.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.||Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---|---| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||ü||| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||ü||| |||Yes
No
N/a||| |||ü||| |||Yes
No
N/a||| |||ü||| |||Yes
No
N/a||| |||ü||| |||Yes
No
N/a||| |||ü||| |||
Yes
No
N/a||| ||£500|||| |||ü||| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| |||Yes
No
N/a||| |||||ü| 17 |**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
**Current asset investments**
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||ü||| ||Yes
No
N/a||| ||ü||| ||Yes
No
N/a||| ||ü||| **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** 18 |**Section C**|**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**| |---|---|---|---|---|---|---| |Donations andgifts
Gift Aid
Legacies
General grants provided by government/other charities
Membership subscriptions and sponsorships which are
in substance donations
Donatedgoods,facilities and services
Other
**Total**
Membership subs and fees
TrainingCourses
Hire of safetyboats
Other Boat Use
Sale of Tide Tables
Storage
Facilities Hire
Social events
SundryIncome
**Total**
Other
**Total**
Interest income
Dividend income
Rental and leasingincome
Other
**Total**
Covid Support Grant
**Total**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held for
charity's own use
Gain on disposal of aprogramme related investment
Royalties from the exploitation of intellectual property
rights
Other
**Total**
**Other information:**
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
**Note 3**
**Analysis of income**
**Analysis**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Other:**|**Analysis of income**
**Analysis**|**Unrestricted funds**
**Restricted income**
**funds**
**Endowment funds**
**Total funds**
**Prior year**
**£**
**£**
755
- -
755
1,447
- -
-
43
- -
- -
-
- -
- -
-
- -
- -
- -
- -
-
- -
- -
755
- -
755
1,490
14,163
- -
14,163
16,350
5,706
- -
5,706
12,497
470
- -
470
500
5,580
- -
5,580
5,760
176
176
243
5,885
- -
5,885
5,585
355
- -
355
525
918
- -
918
852
- -
- -
-
33,253
- -
33,253
42,312
- -
- -
-
-
- -
- -
- -
- -
-
- -
- -
-
- -
- -
-
- -
-
16
- -
- -
-
- -
- -
-
- -
- -
-
- -
- -
16
10,000
- -
10,000
-
-
- -
- -
- -
- -
-
-
- -
- -
10,000
- -
10,000
-
- -
- -
-
840
- -
840
-
- -
- -
-
- -
- -
-
- -
- -
-
840
- -
840
-
44,848
- -
44,848
43,818
||||| ||Donations andgifts
|755|-|-|755|1,447| ||Gift Aid||-|-|-|43| ||Legacies|-|-|-|-|-| ||General grants provided by government/other charities|-|-|-|-|-| ||Membership subscriptions and sponsorships which are
in substance donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|755|-|-|
755|1,490| |||||||| ||Membership subs and fees|14,163|-|-|14,163|16,350| ||TrainingCourses|5,706|-|-|5,706|12,497| ||Hire of safetyboats|470|-|-|470|500| ||Other Boat Use|5,580|-|-|5,580|5,760| ||Sale of Tide Tables|176|||176|243| ||Storage|5,885|-|-|5,885|5,585| ||Facilities Hire|355|-|-|355|525| ||Social events|918|-|-|918|852| ||SundryIncome|-|-|-|-|-| ||**Total**|33,253|-|-|
33,253|42,312| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|
-|-|-| |||||||| ||Interest income||-|-|-|16| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|
-|-|16| |||||||| ||Covid Support Grant|10,000|-|-|10,000|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|10,000|-|-|
10,000|-| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held for
charity's own use|840|-|-|840|-| ||Gain on disposal of aprogramme related investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual property
rights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|840|-|-|
840|-| |**All income in the prior year was unrestricted except for: (please provide**
**description and amounts)**||||||| |**Where any endowment fund is converted into income in the reporting**
**period, please give the reason for the conversion.**||||||| |**Within the income items above the following items are material: (please**
**disclose the nature, amount and any prior year amounts)**||||||| 19 **Notes to the accounts (cont)** ## **Section C** ## **Note 6 Analysis of expenditure** |**Expenditure on**
**raising funds:**
**Expenditure on**
**charitable**
**activities**
**Separate material**
**item of expense**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Incurred seeking donations|-|-|-|-|-| ||Incurred seeking legacies|-|-|-|-|-| ||Incurred seeking grants|||||| ||Operating membership schemes and
social lotteries|||||| ||Staging fundraising events|||||| ||Fudraising agents|||||| ||Operating charity shops|||||| ||Operating a trading company undertaking
non-charitable trading activity|||||| ||Advertising, marketing, direct mail and
publicity|-|-|-|-|-| ||Start up costs incurred in generating new
source of future income|-|-|-|-|-| ||Database development costs|-|-|-|-|-| ||Other trading activities|||||| ||Investment management costs:|-|-|-|-|| ||Portfolio management costs|-|-|-|-|-| ||Cost of obtaining investment advice|-|-|-|-|-| ||Investment administration costs|-|-|-|-|-| ||Intellectual property licencing costs|-|-|-|-|-| ||Rent collection, property repairs and
maintenance charges|-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on raising funds**|-|-|-|-|-| |||||||| ||Insurances|5,455|-|-|5,455|5,697| ||Training Courses|5,444|-|-|5,444|5,440| ||RYA subscriptions and DHNA fees|1,083|-|-|1,083|1,059| ||Production of tide tables|256|-|-|256|284| ||Maintenance of Sailing Craft|1,892|-|-|1,892|750| ||Maintenance of rowing craft|84|-|-|84|288| ||Safety boat maintenance and fuel|1,757|-|-|1,757|1,069| ||Social Events|532|-|-|532|592| ||Donation||-|-|-|500| ||**Total expenditure on charitable**
**activities**|16,503|-|-|16,503|15,679| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| 20 |Planning
**Support costs for**
**charitable**
**activities**
Premises repairs, renewals
Room Hire
Light, heat and power
Cleaning and waste management
Rates and water
**TOTAL EXPENDITURE**
**Total support costs**
Information Technology
Accountancy
Card and Direct Debit Processing Fees
Depreciation
Bank Charges
Sundry expenses
Training||||||| |---|---|---|---|---|---|---| ||Rates and water|72|-|-|72|286| ||Room Hire|45|-|-|45|75| ||Light, heat and power|896|-|-|896|1,163| ||Cleaning and waste management|471|-|-|471|917| ||Premises repairs, renewals|2,228|-|-|2,228|1,994| ||Planning|259|-|-|259|-| ||Information Technology|1,914|-|-|1,914|324| ||Sundry expenses|149|-|-|149|165| ||Training||-|-|-|-| ||Accountancy|480|-|-|480|500| ||Bank Charges|60|-|-|60|105| ||Card and Direct Debit Processing Fees|444|-|-|444|-| ||Depreciation|4,449|||4,449|5,371| |||-|-|-|-|-| |||-|-|-|-|-| |||11,467|-|-|11,467|10,900| |||||||| |||27,970|-|-|27,970|26,579| ## **Other information:** ## **Analysis of expenditure on charitable activities** |**Activity or**
**programme**|**Activities undertaken directly**|**Activities undertaken directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total prior_**
**_year_**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| |Activity 1
Activity2||||||| |||||||| |Other||||||| |**Total**||||||| |||||||| |**Prior year expenditure on charitable activities**
**can be analysed as follows:**||||||| |||||||| |**Within the expenditure items above the following**
**items are material: (please disclose the nature,**
**amount and any prior year amounts)**||
£1000 of the £5444 expended on training courses, most of which sum comprised
fees to sailing and boating instructors, was paid in April 2020 to a Trustee of the
charity for personally providing services as an instructor. At that time the
necessary contract between the Trustee and the Charity was not in place. This
oversight was later corrected, by way of a contract dated 17 June 2020 and
which caters for future instances.||||| 21 |**Section C**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**| |---|---|---|---|---|---|---| |**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Safety boats**
**Dinghies and**
**other assets**
**Total**
**£**
**£**
**£**
**£**
**£**
At the beginning of the
year
282,452
- 21,862 44,741 349,055
Additions
- -
- -
-
Revaluations
- -
- -
-
Disposals
- -
- -
-
Transfers *
- -
- -
-
At end of the year
282,452
- 21,862 44,741 349,055
****Basis**
SL or RB
SL or RB
RB
RB
SL or RB
Straight Line
("SL") or
Reducing
Balance ("RB")
**** Rate**
25
15
At beginning of the year
- - 18,345 20,943 39,288
Disposals
- -
- -
-
Depreciation
- -
879
3,570
4,449
Impairment
- -
- -
-
Transfers*
- -
- -
-
At end of the year
- - 19,224 24,513 43,737
Net book value at the
beginning of the year
282,452
-
3,517 23,798 309,767
Net book value at the
end of the year
282,452
-
2,638 20,228 305,318
**14.4 Impairment**
**14.5 Revaluation**
**14.6 Other disclosures**
**_(ii) Please provide the amount of contractual_**
**_commitments for the acquisition of tangible fixed_**
**_assets._**
**_(iii) Details of the existence and carrying amounts_**
**_of property, plant and equipment to which the_**
**_charity has restricted title or that are pledged as_**
**_security for liabilities._**
**14.3 Net book value**
**14.2 Depreciation and impairments**
**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**
**_the name of independent valuer, if applicable_**
**_the carrying amount that would have been_**
**_recognised had the assets been carried under the_**
**_cost model._**
**_(i) Please state the amount of borrowing costs, if_**
**_any, capitalised in the construction of tangible fixed_**
**_assets and the capitalisation rate used._**
**_the methods applied and significant assumptions_**
**_Please provide a description of the events and_**
**_circumstances that led to the recognition or reversal_**
**_of an impairment loss._**
**_If an accounting policy of revaluation is adopted, please provide:_**
**_the effective date of the revaluation_**||||||| ||SL or RB|SL or RB|RB|RB|SL or RB|Straight Line
("SL") or
Reducing
Balance ("RB")| ||||25|15||| ||||18,345 20,943 39,288
- -
-
879
3,570
4,449
- -
-
- -
-
19,224 24,513 43,737
3,517 23,798 309,767
2,638 20,228 305,318
**_ase provide:_**|||| ||-|-|18,345|20,943|39,288|| ||-|-|-|-|-|| ||-|-|879|3,570|4,449|| ||-|-|-|-|-|| ||-|-|-|-|-|| ||-|-|19,224|24,513|43,737|| |||||||| ||282,452|-|3,517|23,798|309,767|| ||282,452|-|2,638|20,228|305,318|| |||||||| |||||||| |||||||| _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ 22 **Notes to the accounts (cont)** ## **Section C** **Note 19 Debtors and prepayments** _**Please complete this note if the charity has any debtors or prepayments.**_ |**_Please complete this note if the charity has any debtors_**
**_or prepayments._**||| |---|---|---| |**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Total**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||1,496|1,041| ||1,496|1,041| _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**||| |---|---|---| |**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| 23 **Section C** **(cont)** **Notes to the accounts** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**20.1 Analysis of creditors**||||| |---|---|---|---|---| |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due within**
**oneyear**||
**Amounts falling due after**
**more than oneyear**|| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||500|500|
-|-| ||-|-|-|-| ||-|-|10,000|10,000| ||500|500|10,000|10,000| ## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| 24 **Notes to the accounts** ## **Section C** ## **(cont)** ## **Note 24 Cash at bank and in hand** |**Note 24**
**Cash at bank and in hand**||| |---|---|---| |**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||48,018|27,146| ||-|-| ||48,018|27,146| 25 ## **Section C** ## **Notes to the accounts** ## **(cont)** ## **Note 27 Charity funds** **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ ## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**Fund names**|**Type PE,**
**EE R or**
**UR ***|**Purpose**
**and**
**Restrictio**
**ns**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expendit**
**ure**
**£**|**Transfers**
**£**|**Gains**
**and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---|---|---| |Restricted Revenue Fund|R||265,695|-|-|-|-|265,695| |Unrestricted Revenue
General Fund|UR||49,759|44,848|-
27,970|||66,637| |Unrestricted Revenue
Designated Safety Boat
Replacement Fund|UR||12,000|-|-||-|12,000| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||327,454|44,848|-
27,970|-|-|344,332| 26 **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_and U - unrestricted funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditur**
**e**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |Restricted Revenue Funds|R||265,695|-|-|-|-|265,695| |Unrestricted Revenue Funds|UR||44,520|43,818|-
26,579|-
12,000|-|49,759| |Unrestricted Revenue Designated
Safety Boat Replacement Fund|UR||-|-|-|12,000|-|12,000| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||310,215|43,818|-
26,579|-|-|327,454|